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Technology Stocks : Dell Technologies Inc.
DELL 118.38-0.9%12:45 PM EST

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To: Lucretius who wrote (79135)11/12/1998 5:22:00 PM
From: Jim Patterson  Read Replies (3) of 176387
 
LT,

It is funny,
DELL, YHOO and other hot stocks were the last to go in the first wave of selling in this bear market.
They were some of the first to come back in the bear trap that has now ended.
It is concievable that in the second wave of selling, what was last to go the first time will be the first this time. (call it a guide line of alternation)
I mean, why sell some little stock that you just made a 50-150% profit on like HTCh or CHKPF when you can sell DELL and take long term gains in a stock that is loosing its luster with wall street.

What I am saying is that if (or rather when) the next wave of selling shows up in this bearmarket, the NDX and MSH and IIX indexes will be the leaders to the down side. And the VLE and RUT may be a little slower on the slide. It does not have to happen this way, it is just a possibility.

I hope I am correct on this one.

Jim
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